Spine Rd, Pune

Nearby Localities
Nigdi, MIDC Chinchwad, Akurdi, Chikhali

About

Overview of Spine Road, Pune

Location and Amenities

Spine Road is situated in Pune and shines with its robust infrastructure and amenities. With wide roads, the area is both convenient and enjoyable to live in. Nearby you’ll find great schools like Sadhu Vaswani International School, Beacon High School, Motilal Talera School, and Sterling High School. There’s also plenty of shopping and entertainment available, from Carnival Multiplex to Spine City Mall, Privia Mall, and Jai Ganesh Samrajya Mall.

Property Types and Prices

  • Apartments:

    • 1 BHK flats: ₹25 Lakh - ₹43 Lakh
    • 2 BHK flats: ₹40 Lakh - ₹1.10 Cr
    • 3 BHK flats: ₹60 Lakh - ₹1.87 Cr
    • 4 BHK flats: ₹1.62 Cr - ₹2.52 Cr
    • 5 BHK flats: ₹2.60 Cr - ₹2.69 Cr

  • Price Per Sq.Ft.:

    • You’ll find properties starting at ₹7,058 per sqft. The average price is ₹7,678 per sqft. Top-end properties cost up to ₹9,098 per sqft.

  • Plots:

    • Plots on Spine Road range from ₹12.8 lakhs up to ₹1.55 Cr.
Popular Projects and Societies

In Spine Road, some esteemed projects and societies offer diverse lifestyle options:

  • LPR Sapphire: Prices range from ₹42 Lac to ₹70 Lac, with an average sq.ft price of ₹8,667.
  • Tulsi Apartment: At about ₹1.1 Cr, the average price per sq.ft is ₹10,000.
Price Trends

  • Year-over-Year (Y-o-Y) Trends:

    • A 4.74% decline in property rates has occurred in the past year.
    • In 2024, a 3% rise in price per sqft was noted compared to a 9% decrease from 2022.

  • Quarter-over-Quarter (Q-o-Q) Trends:

    • Minor fluctuations have happened in recent quarters, with a 2% increase from Oct-Dec '24 to Jul-Sept '24.
Rental Options

If renting appeals to you, Spine Road has many choices:

  • Gated Community Flats: Secure and community-focused living is available here.
PropertyWala's Conclusion

Spine Road shows strong potential for buyers and renters alike due to its prime location, excellent amenities, and variety of property options. Even with a recent dip in property rates, its development and infrastructure remain stable, making it a promising investment. This area offers a good mix of schools, shopping centers, and entertainment venues, ensuring a balanced living experience. To make the best choice, keep an eye on price trends and consider the current market conditions.

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News

Pune residents block Spine Road over contaminated water supply

The Free Press Journal · · Infrastructure

Hundreds of residents in Chikhali's Gharkul area staged a road blockade on Spine Road after dirty rainwater entered underground drinking water tanks in housing societies.

Key facts

Residents from Gharkul area in Chikhali staged a road blockade on Spine Road Wednesday morning after dirty rainwater entered underground drinking water tanks in several housing societies. The protest also highlighted frequent power cuts and severe waterlogging caused by continuous heavy rainfall over three days. The blockade affected traffic for nearly an hour, creating long vehicle queues on both sides of Spine Road and impacting thousands of commuters travelling towards Bhosari and Chikhali MIDC areas.

The Gharkul area contains more than 50 housing societies and is located in a low-lying area. Residents reported two to three feet of rainwater collected inside society premises after continuous rainfall. Stagnant water mixed with sewage and mud allegedly entered underground drinking water tanks, raising health concerns. Residents also complained of repeated power outages over two days.

Chikhali police and Pimpri Chinchwad Municipal Corporation (PCMC) officials responded to the protest. Residents requested inspection of flooded societies and affected drinking water tanks. Civic officials assured residents that suction pumps would be deployed immediately to remove stagnant water, drinking water tanks would be cleaned, safe drinking water would be supplied through tankers, and power supply would be restored.

Following these assurances, residents withdrew the protest after about one hour and traffic returned to normal. Residents demanded a permanent solution to recurring flooding and drainage problems in the Gharkul area, stating they face identical issues every monsoon.

News items are reports published elsewhere, condensed; follow the link for the full report. PropertyWala.com is not their source.

Sale Properties

2 Bedroom Apartment for sale in Akurdi, Pune
₹ 1.02 Cr

2BHK Flat for sale in Akurdi

₹ 1.02 Cr

  • 798 SqFeet
  • ₹12,782/SqFeet
  • Within 3 Years

2 BHK flat for Sales in Akurdi, Pune

: 2 & 3 BHK flats Carpet starting from 662 to 1350 sq.fts 2 wings - 2 level parking + 6 floors 4 flats on each floor. Possession : RERA December 2028 Clear title property. Loan facility : Any bank as per your requirement. Discover these premium 2 and 3 BHK flats featuring excellent connectivity...
3 Bedroom Apartment for sale in Sukhwani Oasis, Chikhali, Pune
₹ 88 L

3BHK Flat for sale in Chikhali

₹ 88 L

  • Sukhwani Oasis
  • Immediate
  • 126 SqMeters
  • ₹69,852/SqMeter

Apartment / Flat

: Sukhwani Oasis provides you 3 BHK apartments with all amenities and located in ideal location of Chikhali, Pune.

Price Trends

Locality ID
A811057779
PinCode
411024